RESORTS, COMMERCIAL SPACES, LODGING HOUSE/APARTMENTS

This property is a 4-year-old well-maintained house with 10 rooms in Coron Proper, PalawanIt is located near Landbank, walking distance to other banks , Coron market, restaurants and more.Lot area is 218 sqm and floor area is 192 sqmIt is a 2-storey with provision to add 3rd floorThe property comes with business permit as a lodging houseThe house has common living area and kitchen and with 4 toilet and bathsWith water and electricity connectionCurrently, use for long term rent at P2, 000/month/room (Fully tenanted)Status: Tax DeclarationIdeal for short term or transient stay for maximum profitMinor upgrade (repainting, adding ceramic tiles, etc) is optional.Nevertheless the property is basic, presentable and operational.Sale comes with basic furniture like the bed frames, mattresses, monoblock chairs etc (as is where is)We have a calculation of potential income for short term rent (ROI in 5 years or less)

Selling Price: P5, 500,000.00 (net to the seller)Buyer will shoulder all expenses for transferReason For Selling: Owners are elderly and can't manage the business anymore